IRS Commissioner Calls for Real-Time U.S. Tax Filing System
This article is for subscribers only.
Internal Revenue Service Commissioner Douglas Shulman called today for development of a real-time tax filing system that would enable the agency to collect 1099s, W-2s and other documents before taxpayers file their full returns.
The early collection of documents would allow the IRS to reject returns that didn’t match records before processing, reducing burdens on the agency and on filers, Shulman said at a public meeting at IRS headquarters in Washington.